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Strategies & Market Trends : From the Trading Desk -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (2692)3/12/1998 6:46:00 AM
From: dpl  Respond to of 4969
 
I thought that on the Nasdaq you only need the bid to be an uptick?
As long as the bid is an uptick you can "hit" it.



To: TFF who wrote (2692)3/12/1998 7:01:00 AM
From: steve goldman  Read Replies (1) | Respond to of 4969
 
Yeah, pretty much. The big problem if you go at the bid, is they usually cant do it at the bid, unless the bid was an uptick.....
ie...10x10 1/8..prints at 10, 1/8 (uptick),1/8,1/8, becomes 10 1/8 x 3/16...NOW you could smack the bid.

Regards,
Steve@yamner.com


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